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The headline: Eyal Cohen, the CEO of BOS Better Online Solutions ($BOSC), just bought $101K of his own company's stock. Open-market, no pre-scheduled plan. When the person running the company reaches for his own wallet, that's a filing worth reading twice. ↓

Why it matters: a CEO buying without a pre-scheduled trading plan is choosing that moment deliberately. Nobody forced his hand. $101K from a small-cap CEO is real money, not a rounding error on a $4M salary. ↓

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The quieter one: Leon Borck, a director at Equity Bancshares ($EQBK), bought $18.5K. Smaller check, same category — discretionary, not automated. A bank director adding shares isn't a scream. It's a nod. Nods are still data. ↓

What got filtered: 4 automated purchases (pre-scheduled plans — the insider set them up months ago, so no fresh information) and 4 buys too small or too routine to mean much. Filtering is the whole job. Raw insider data is mostly static. ↓

Context for the skeptics, which I respect: since 2020 we've tracked 45,588 insider buys flagged like these. About 45% beat the market the next week. Average return across all of them: +3.7% — but the median was flat, meaning the wins come from a few big hitters.